As soon as you start falling behind on debt repayments, the creditors will start hounding you for the money. If you don’t have it, their constant phone calls aren’t going to help the situation. Being in debt is very stressful and being hassled is only going to make that worse. When you start to panic about the money that you owe, you won’t be thinking rationally and the situation is likely to get far worse. So, how do you get those creditors off your back until you’ve got the money to pay them back?

Set Up A Repayment Plan

The easiest way to get them to stop calling you is to make some steps toward paying off that debt. You can find lots of great information on consolidating your debts on repair.credit. By combining all of your debts into one simple repayment you can make it far more manageable. Even though you don’t have the money to pay them the amount that they’re asking for, they’ll stop hassling you so much if you start paying a little bit off those debts each month. The creditors understand that you can’t always afford their repayments but if they’re confident that they’ll get the money eventually, it should get them off your back for a while.

Third Party Creditors

When you’ve had a debt for a while, your original creditors will often pass that debt onto a third party company to try to get the money back. When it comes to third party creditors, the laws are a little different so it’s important to know your rights. The Fair Debt Collection Practices Act was created to protect consumers against harassment from debt collection companies. It doesn’t cover debts that you’ve built up from running a business but any other personal debts that you have are covered. Under the act, a debt collector is not allowed to contact you before 8 in the morning or after 9 at night unless you specifically agree to it. If they are not the original creditor that you borrowed the money from in the first place, it’s easy to get them to stop calling you. All you need to do is put a request in writing and it is then illegal for them to keep contacting you. Visit consumer.ftc.gov for more information on exactly what the act covers.

Get An Attorney

Under the FDCPA, if you have an attorney that is representing you in the matter of the debt, the creditor is bound by law to contact them instead of you. If you don’t want them to keep calling you about the money, get an attorney and they will deal with it for you. However, this is going to cost you more money so it could make your financial situation worse.

Do You Owe The Money?

If you don’t think that you actually owe the money in the first place, you can get the creditors to leave you alone by telling them this. If you send them a written statement telling them that you don’t believe you owe the money, they legally have to stop contacting you. However, if they can send you back some proof that you do owe them the money, they are allowed to start calling you again.

If you’re getting harassed by creditors, don’t just accept it. You have the right to be left alone so use it.

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